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The exchange filed for Chapter 11 bankruptcy in November 2022. The court found the firm's founder Sam Bankman-Fried guilty of seven counts of fraud and sentenced him to 25 years in prison and ...
Claire's, the popular accessory retailer, has filed for Chapter 11 bankruptcy. Find out why the company made the move and ...
Oi SA’s pursuit of a Chapter 11 filing has hit a snag in US bankruptcy court, leaving the Brazilian phone carrier unable to free up collateral to pursue immediate financing for its unpaid bills.
The restaurant chain's parent company said it filed for bankruptcy due to “insurmountable” pressures on the restaurant ...
A Pittsburgh-region trucking company filed for voluntary Chapter 11 bankruptcy protection in federal bankruptcy court.
Giant auto parts company files bankruptcy. In the biggest auto parts bankruptcy so far this year, global giant Marelli ...
Starting in March 2025, its DBT increased to 11. The company’s DBT then rose to 18 in April 2025 and reached a high of 20 in ...
Merit Street Media wants its case dismissed after it couldn’t pay the legal fees needed to remain in bankruptcy.
A Chapter 11 filing can be voluntary or involuntary, depending on the circumstances. In a voluntary Chapter 11 bankruptcy filing, the debtor is the one who files the petition.
Chapter 11 bankruptcy is a way for a company to restructure its debt obligations while continuing to operate. However, many companies who file initially under Chapter 11 do eventually succumb to a ...
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